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War in Iran Has Cost US $38 Billion Over Five Months, CBO Says
Source: Bloomberg
Geopolitics & WarFiscal Policy & BudgetInflation
A congressional study estimates the first five months of US conflict with Iran have imposed roughly $38 billion in direct taxpayer costs. The study projects the war will add about 0.5 percentage points to inflation by early next year, increasing fiscal strain and complicating the inflation outlook.
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